Laughter: Serious Business

Far more than a distraction, laughter has a profound impact on our brains, bodies, and behavior. In this talk, Eric Tsytsylin challenges individuals and organizations to authentically embrace humor and laughter as a way of boosting happiness, creativity, and productivity.

How To Analyze

The first question someone asked me, what does a business degree mean? What he was asking in other words was, what does it mean when someone has a degree/diploma in business, or what good is a person to a company if he possesses a business degree? I simply answered; He or she has been trained to create value or is a value creator. He or she finds ways to create value for the company.

Then the second question he asked was, if you had to give an SOP (Standard Operating Procedure) on how to analyze a situation for a company wanting to create a new product or service within a particular market, how would you create the steps. I would answer like this :

(1) Ask questions to understand the Current Situation

(2) Ask questions to understand the Objective

(3) Ask questions to find out the Industry

(4) Ask questions to find out the Competition

(5) Ask questions to find out the Company’s business Core competency (Business)

(6) What products generates revenue – Only product – revenue stream

(7) What is the Unique selling Proposition – how you differentiate yourselves?

(8) What are the Customer segments?

(9) Analyzing Cost structure. What are the fixed costs? What are the variable costs?

(10) What would you Price it?

Leading Positive Change

Here’s how to Lead Positive Change within your office,home,family,community,or anywhere :

(1)  Show up
(2)  Speak up – use your voice for change
(3)  Look up – without vision & values leadership is hollow (noble purpose – constantly reminding mission)
(4)  Team up – partner up
(5)  Never give up
(6)  Lift others up – share success – other people feel elevated

Ways to Map Out Your Business’s Strategic Goals

I was browsing and I found this online > > and I thought this is totally inspirational for all you “Business Management Heads.” Here it is below.

8 Ways to Map Out Your Business’s Strategic Goals

1. Spreadsheets

Matt Wilson“All of our goals are written down on shared spreadsheets. Each project has its own action items, deliverable dates, people responsible, and notes. On weekly calls, we see where each project stands. There’s no need for complicated project management software.”
– Matt Wilson, Under30Media

2. One-Page Business Plans

Phil Frost“We have several key areas in our business, and we assign a leader to each one. The leader must create a one-page business plan outlining what’s working, what’s not working, and what’s missing. Every month, we make sure each key area is moving forward, and these documents serve as our strategic plans for the year.”
– Phil Frost, Main Street ROI

3. A Large Wall Calendar

Nathalie Lussier“After writing out all the goals and ideas for the year, it comes down to putting each item on the calendar. A digital calendar tends to be too small and doesn’t give us an idea of what’s too full or too empty. That’s why I love using a full wall calendar to handle that–it keeps us all on track.”
– Nathalie Lussier, The Website Checkup Tool

4. Mind Tools

Andrew Schrage“My favorite tool for generating strategic plans and goals is the website Mind Tools. It offers tips and advice on topics such as executing strategy, competitive advantage and team management. It has an extensive set of resources, and my senior staff and I have investigated this site extensively in order to stay sharp and be able to effectively map out our goals and strategies.”
– Andrew Schrage, Money Crashers Personal Finance

5. “Brain Dump” Meetings

Derek Flanzraich“Our team has a big meeting every semester where we throw out–and then write–absolutely everything we want the company to do on a whiteboard. We call this our “brain dump” and it allows, before coming up with actual tactics, to get every idea/plan out of people’s heads and on to paper.”
– Derek Flanzraich, Greatist

6. A Whiteboard

Thursday-Bram 2“Every office needs a place to share ideas as they come up, rather than trying to formalize concepts before they’re ready. Scribbling on a whiteboard and making changes as necessary lets you crystallize thoughts as new information comes up, integrating them into a more formal plan when they’re ready.”
– Thursday Bram, Hyper Modern Consulting

7. Google Docs

Bhavin Parikh“You can easily share Google Docs with the entire team, especially if you’re a Google Apps user. The Word-like format is familiar to everyone, so it doesn’t have much of a learning curve. The best part is that all comments are linked to the commenters’ email addresses, so you get emails when issues are responded to or resolved.”
– Bhavin Parikh, Magoosh Test Prep

8. PowerPoint/Excel

Adam DeGraide“We use PowerPoint and Excel to map out our goals. From there, we present to those involved or share it with the entire company. This is our way of organizing and planning, and it has been very effective.”
– Adam DeGraide, Astonish

#Self-Education (@HerdiOflo – Twitter)

Defining the correct problem is the most important step in finding a solution. Be creative in defining the correct problem. #SelfEducation

To solve a problem/issue, ask ‘why’ 7-times after every question you answer to find the root of the problem/issue. #SelfEducation

Understand that most human decision making posseses subjectivity in any form they perceive it as being objective. That’s a fact #SelfEducation

Learning ‘how to think’ is crucial on how you move forward. Have the mindset to keep moving to the next level. #SelfEducation

If school doesn’t teach you how to continously teach yourself, then you’re missing the essence of what school is all about. #SelfEducation

Read books, browse online, talk to people, participating in activities, volunteer, get hands-on. #SelfEducation

Creating a habit for daily-practice is the road to learning how to be a good and great at something. #SelfEducation

Peter Drucker said, being efficient is doing the job right, being effective is doing the right job. #SelfEducation

School is for the credentials while experience & results is for ur voice in ur organization, society & amongst ur network. #SelfEducation

School of hard knocks is the most underrated form of learning. #SelfEducation

Really sit down and reflect to understand how you learn best. #SelfEducation

Learn to quit fast when you know this isn’t for you. Don’t waste time justifying to yourself if you aren’t feeling it. #SelfEducation

Remember all it takes is once for you to succeed to start rolling a snowball for trust. #SelfEducation

Bad or good experience is your best teacher. #SelfEducation

Learn to unlearn. Erase your pre-conceived notions when learning something new. #SelfEducation

You can learn as much from a bad teacher than a good teacher. It depends on how you perceive your learning process. Be mature. #SelfEducation

Practice Everyday

When I started beginning my corporate career, I realized I had an edge over many of the employees that were employed in the company even though I did not have any industry experiences nor the technical expertise. The edge I had was that I was a former professional athlete. What does this mean? It means that I’m already trained with a habit of working hard/smart every single day to improve personally and driven to contribute quickly to the organization with a significant impact through understanding the current system. This is one of the things that many employees lack. They lack the drive to “practice everyday” to get better as “players contributing” to the organization to achieve a common team goal nor do they understand right away that for you to fit in within an organization, you must fit-in to the current system. So practice everyday to get better in what you love to do.